Introduction of GTD orders in commodity and equity for bracket and cnc orders

[BharatW]

@SACHINZERODHA,

GtDt Order on Kite

Hello @Jambi To keep an order opened for more than a day, you require a GTC(Good till cancelled) or GTD(Good till date) order. Currently, order validity will all the Indian exchanges is only a day and all pending orders are cleared out by the end of the day. This happens because the exchanges clear their order cache memory at the end of the day, where all the pending orders are stored. What certain brokers do is they mimic a GTC order by collecting all GTC pending orders after market closes an…

@SACHINZERODHA

also incurred losses due to price going below stoploss after hitting target price as forgot to place profit order on daily basis

Could you please explain this scenario a little more so we can figure out a way that you don’t face a loss?